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do the reverse? >> what i say is that generally in the environment we're in thou, we're seeing a pick up in u.s. growth, pick up in chinese growth. we're starting to see a pick up in demand for key industrial commodities. i think at this point you're starting to see investors shift away from the cyclical commodities such as gold. >> it's shifting away from the nor defensive types of assets and even more in the commodities space moving more to the industrials. >> paladium, platinum up at seven-month highs. what is behind that? >> we're starting to see a pick up in growth in china and the u.s. the world's two largest economies. also you're seeing issues on the copper. there are a lot of problems in terms of getting these medals out of the ground. for platinum, 80% of it is produced in south africa. when you have labor issues, it has a big impact on supply. on the palladium side, we have the russian state slowing down substantially. it's stockpiled sales. you're seeing a squeeze -- >> supply side issues, as well. >> absolutely. and you're seeing a pick up in demand. that's been driving p
troublesome bills of sale. the british environment secretary said the problem was not simply one of public health. >> i think what we got involved in this horse issue is criminal activity which appears to cross borders. that is an entirely separate matter. >> the european commission has announced plans to institute brandon dna testing of beef products starting in march. in addition, authorities are testing the product across the continent for the equine painkiller, though they say eating horse meat containing it should be little threat to human health. our correspondent, joining us from our parliamentary to you. we have politicians across is that going to be enough to clear this up? th>> these tests should certainy go some way in making consumers feel more confident about the meat products they are buying throughout the european union. ironically, two weeks ago, the british food safety association started testing for chemicals in horse meat sparked by this mixup of beef and horse meat scandal and promptly found traces of chemicals, including those mentioned in the report, which was typical
in the future saying this is a low growth environment. the new norm. as a result, they are all competing for the same market share, which typically, leads to pricing pressure. there's not a bigger pie growing. it's, rather, how do we slice up the pie today. >> spreeing to hear in light of the fact that the stock market is back to historic highs, but that's driven by profits of companies saying they may not have the leverage any longer. interesting to see they feel slower growth in the brick countries, but hope coming from beyond that. >> yeah, uh-huh. this year, the brick countries historically slowed down a little. you have optimism from china in the last six months, but they are moving into the next generation being a malaysia, indonesia, africa, turkey, and the like. corporates focus on that rise in consumer for opportunities to diversify the revenue stream and go after the growth. >> fascinating. look at the consumer at home and what's going on here and holding back, they are worried about the impact of higher taxes on the consumer. 77% of the american population saw the paycheck shr
that authorities can find out if it has harmed the environment. >> north korea is so poor. if the situation becomes worse, this city will be flooded with north korean refugees. >> the un security council has condemned the north korean nuclear attacks and said that they will take further action, but if new sanctions are to be introduced, they will have to employ china as the main backer. beijing will want to send a tough message to pyongyang, that this type of behavior will not be tolerated. and if the sanctions and not tough enough, they may get away with this nuclear attack. but if the sanctions are too harsh, north korea may lash out again. >> martin patients on the border between north korea and china. magazine editors have defended their decision to publish those of the duchess of cambridge on a private holiday. the royal family says the pictures are an invasion of privacy. six months ago the same italian government magazine published photos of the duchess on holiday in france. we are joined now by the australian women's day magazine, planning to publish the photos on monday. nick, what does th
intense competitive environment. the name of the new carrier expected to be american airlines. >>> all right. that's going to do it for biz this hour. we'll see what's going on with the markets. >>> a people tested by politics and history. innovators whose technology spread about the world. artists who captured the imagination of audiences everywhere. these are the faces of south korea. nhk world updates you on what's happening across the peninsula wednesday and thursday here on "newsline." >>> in south korea men over the age of 19 must serve two years in the military. famous actors and singers are no exception. recently several korean stars now doing their required military service performed in a musical that turned out to be a big hit. ♪ >> reporter: the promise had a ten-day run in seoul. it's about the korean war started when north korea attacked the south in 1950. many actors and singers in this military musical actually serve on active duty right now. yunok, for example, led the k-pop group before he was drafted. service members like him are called entertainment soldiers. seven
what it is like to be a policy maker trying to do different things in a partisan environment that have come to make the case why the fiscal challenges are so pressing. it is still import we were to come with a comprehensive plan to address them. campaign to fix the debt has been around for not very long but has amassed a tremendous group of support. from citizens across the country where we have 350,000 citizens to have joined the campaign, a present in 50 states, active organizations in 23 states in growing, partnerships with 205,000 small businesses. , and organizations all coming together in a way the country has to to explain why making tough choices of putting in place the policies that were required to get a hold of our nation's fiscal challenges is so important. i am proud to be joined by this tremendous group of former members of congress. i am going to turn it over to one of our three cochairs. do you have senator judd gregg and a few other people representing this new council. thank you very much. >> it is a pleasure to be here was so many of my former colleagues to serve thi
of domestic investors that usually have less demand to increase interest rates for the environment suggest so. >> okay. marco -- >> so at the end of the day, i don't see increase of interest expense drastic for japan in the medium term. >> right, right. well, that's the worry to some extent. but anyway, marco bardelli joining us from singapore. >>> meanwhile, the bank of hong kong did keep its benchmark rate steady overnight. still, suggestions about concerns over stimulus policies gives us some surprise. chery, what exactly did the bank of korea say about japan? >> although the bank of korea governor did not name japan and tried to stay diplomatic in the press conference today, he did say there are down side risks to the korean economy like a possible fiscal tightening by many countries and the issue of a foreign exchange rate. japan's aggressive monetary easing drive can take toll on korea's exports as they account for about half of the economy. and this on top of the recently weaker yen and the strengthening yuan that has hurt investor sentiment here on the kospi, particularly in the auto
, that it's special on the central bank to bring about an environment of price stability ask put the government on the central bank. understand that you need fiscal consolidation, you need price stability for long-term sustainable growth. there is, of course, difference of view in the short-term, a difference of perception depending on where you're sitting. but i don't think you should see that as a major division. international quart nation or at least a shared understanding on the implications of individual country policies, especially systemically important countries, domestic policies, lower impact on emerging economies. and i believe that advanced economies, systemically important economies must be sensitive to the lower impact of their policies. >> also speaking on the sidelines of the g-20, australia's deputy prime minister dismissed talk of a currency war, but did admit that a stopping aussie/dollar is a concern and key to australia's economy. >> we saw a huge crash in commodity prices in the second half of last year and that relied heavily on our revenues. and part and p
for the environment schemes that they put in place. let me deal with each of those points. the section of the budget that includes spending on research, innovation and university funding is up by over a third. the money is handed out on the basis of quality, so britain's universities are particularly well placed to benefit. we have ensured that structural funds will continue to flow to our less well-off regions, and britain's share will remain broadly the same, at around 11 billion. while we have cut spending on the common agricultural policy overall, we have protected the flexibility that will allow us to direct funds to support both the environment and the livelihoods of our farming communities. overall, this is a better-framed budget in terms of growth, jobs and competitiveness. it is disappointing that administrative costs are still around 6% of the total, but overall spending on the cap will fall by 13% compared with the last seven-year budget. research and development, and other pro-growth investment, will now account for 13% rather than 9% of the total budget. reform of eu spending is a long-
's a lot of money. you have to put it somewhere. >> if you're going to wait for the political environment to get better, you're going to be an old man. >> you can't wait for washington. get on with running your business. it's filibustering over hagel adds more fuel to the fire. >> yeah. >> so you just have to get on running your business. we haven't seen any change in climate behavior. also there's a better mood, we have not seen that translate into significant change for climate behavior. we think 2013 will be similar to 2012 because we did have the olympics and the presidential election. which you remember. >> i remember. >> you remember the results closely. it will be similar to 2013. digital will be strong. data, technology will be strong. but same general tone. so we don't see the real world having changed at all, really. >> there's one other -- oh, okay, we're going to go to the weather. but berkshire in adm. >> berk share made some new moves. you have new people making investment decisions there, too, todd and ted. but as for berkshire hathaway, it did take a new state and aerch mi
well trying to push into the environment of much more thoughtful progressive policies about these issues the. >> they have lots of money, though. so those are very successful companies. and you could argue because your doing some of the things you're augusting. >> no question. >> take me to a company that's struggling been take me to a company that can't afford to give out free food throughout the day and free massages throughout the day. >> they're not going to let people sleep for two hours in a room somewhere, are they? >> no. but this is make missing the point. until you make this intellectual shift, more hours means more productivity. even one less hour of sleep gives us one more hour to be productive. that's nonsense. what it gives us is one more hour to by be partially productive because you're tired. >> do you think europe is productive? >> they rest a lot over there. >> you've got naps after lunch, you work a slightly longer day, but it's -- >> it's overdetermined. there are too many factors going on for me to answer that question and the german economy is very diff
, these are difficult environments as opposed to houston where you can do whatever you want, whenever you want to. >> right. >> so i think that the rental housing market i think is going to continue to be very strong. like it was too good and then everybody had to come up with a reason why it wasn't. >> is the home mortgage deduction going to come back on the table? does that have anything to do with the rental issue you're talking about? >> i actually think home mortgage deductions are going to come back on the table. i think they're going to ultimately either be eliminated as they were in canada, and when they were eliminated in canada, everybody said, oh, my god, it's the end of the housing market, and it was hardly a blip. or it will be cut to deductions on the first $100,000 or something, so you're effectively protecting the middle class. >> thank you for this. >> yeah, sam, it has been a pleasure having you here today. >> my pleasure. >> we really appreciate hearing from you. sam zell has been our guest host for the last two hours. you're putting your money where your mouth is. it's all abo
% of business owners that were surveyed identified the current environment as a bad time to expand and political uncertainty topped the list for the reasons not to attempt economic growth. lee, a resident of muskogee, oklahoma, and president of acme corporation, said a lot of small businesses had to go in debt to stay afloat. he said now they can't make the money they need to to pay down debts due in large part the environment the government has created. i joined a small group of members in congress. i have faced unprecedented difficulties ensuring my business succeeded. i step on the floor of the united states house of representatives with a firsthand understanding how high the hurdles are for a business to succeed and just simply jump over. last month when president obama was sworn into his second term, i was reminded of something he said four years ago in his first inauguration. the president said, "the question we ask today is not whether our government is too big or too small but whether it works, whether it helps families finds a job at a decent wage, care they can afford or retirement tha
of 43% trust republicans with gun policy. on the issue of the environment, 55% trust president obama more. foreign policy, it is 51% to 37%. theresa, nevada. caller: regarding president obama using executive orders to go around the republicans in the house, i am all for it. i am aware that this is a two- party democracy and we need republicans to be reasonable working party, but they have not been. the president has no choice but to go around them. john boehner has walked away. i am frustrated and the country is frustrated, other democrats are frustrated and scared. i am scared of the things they're willing to do to our country. he is doing what he has to do. i am all for his proposals, all for clean energy and comprehensive immigration, i am for gun legislation. i am for all of them. i am center-left, that is progressive. i think the country is definitely going progressive. i do not understand where the republicans want to obstruct and go with their small mindedness and small government proposals that they think that they can push through on the american people that i do not think a
moving into an environment where the banks are coming in better. and i think that brings up the question, then, why do you want to hold gold? you would want to hold something more -- >> definitely overbought. but they can go on overbought in a while. that could be 20% from here. i don't know. but clearly, a lot of people have checked in and they're all in one trade and they're all talking about the same thing, they're all writing the same thing. it's a bit worrying in a slightly bigger picture. >> plenty of interesting thoughts there to talk about. this day with the chinese new year, the snowstorm for the united states. there's no immediate crisis going on. it's just finding their feet. >> really quiet. and i think the cypress story is fascinating. take a look at some of the details. 0.2% of total output. but the real question becomes, do you make depositors and bondholders share in the losses? >> of course. >> for everyone else. >> keep an eye on that. european markets, it's not as if they're selling off. as we turn to the u.s. session, usair lines are expected to return to near normal
exceptionally clear, natural sound in quiet and noisy environments because of how it works with your ear's own anatomy. can your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call 1-800-414-5999 or visit trylyric.com for a risk-free 30 day trial offer and free dvd and brochure. get the hearing aid that can. lyric from phonak. lyric can. >>> sounds strange, but the horse meat scandal continues to spread across europe. six major french retailers have pulled lasagna off their shelves, this one month after horse meat was found in burgers supposed to be made of above. cat, explain this to us. this is showing up in sweden, uk, france, wasn't supposed to be there. how did this happen. >> reporter: that's the problem. nobody knows. this points to a huge breakdown in the foot chain. horse meat is eating in a lot of countries, france, italy, kazakhstan, their horses are raised for food, the problem is a lot of these were not actually sanctioned for human consumption, and nobody knows how it slipped into the system. >> what does that mean for people who ate this mea
underground environment between the north korean, iranian, russian, pakistani scientists and in dealing of nuclear technology. i think that's a very, very dangerous element to this. jon: how do we stop that? >> well the problem is we have very little room left with north korea. we've almost, gotten to the point where we kind of learned to live with this problem and the danger there of course, there are certain people in the administration saying if we can do that with them, certainly we can live with iranian nuclear program. i don't know that, there is not an easy answer to it. jon: it is one thing to live with a north korea that has maybe a nuclear bomb or two. but a nuclear, i'm sorry a north korea that has an icbm capable of reaching the united states, and a nuclear warhead, that's a different thing entirely. >> certainly. the north koreans are on the verge of putting together a usable weapon on top of a long-range missile that can reach just about any city on earth. you talk about how we become accustomed to it. the problem is the north koreans have unstable militant regime. they ha
at the moment? because business gets on and deals with whatever the environment is. >> yeah. i think, you know, it's -- these are currents that go through the world economy. and we've had fears of currency wars recurrently over the last couple of years. i mean, the real problem is, again, going back to this lack of confidence. you know, economies don't run on money. they run on confidence. on the assumption that basically, you know, that conditions will improve, that governments will put into place collectively or individually measures which permit that kind of improvement. and there hasn't been much sign of that over the last year. and i think the changes in governments, the elections and so forth in the u.s., in china and so forth, you know, have in a sense have had an effect on that. everyone waiting to see what's going to happen. i really fear now that there are beginning to be -- i really hear now that there are beginning to be positive accelerators of confidence and, therefore, business activity. we're seeing it in some of the economic regions in asia, for instance. very -- recovery whic
environment that would get the economy growing. if you want wages to grow -- what we've done to the middle class has been devastating. immigration will be one thing we will hopefully get to an honest understanding of the policy and the facts. you opened with a comment about the president's administration. a friend of mine admits the president that promise to be the most transparent and open to not turn out that way. i have not heard members of the left just being brutal, "you promised open government and sunlight into the workings and you did just the opposite." this is an interesting conversation. the left was brutal to the previous administration on guantanamo bay, extradition, the use of drones. that same left is almost mute when this president has gone further and broken his promises. host: speaker boehner held a press conference yesterday and said the house would not pass any sequester bills until the senate does. the speaker was tired of having legislation die. guest: we have spent two years negotiating with ourselves. we sit there and wait for the president to deliver an honest budg
learning environment every single day. [applause] michele and i remember how tough it can be to find good child care. i remember how expensive it can be, too. the size of your paycheck should not determine your child's future. [applause] sure none of our kids start out already a step behind. let's make it a national priority to give every child access to a high-quality, early education. let's give our kids that chance. i do have to warn the parents here who have young kids, they grow up to be 5 foot 10 inches, and even if they are nice to you, they basically do not have a lot of time for you on the weekends. [laughter] they have sleepovers and dates. [laughter] so, all that early investment just leads them to go away. [laughter] now, what i also said on tuesday night is that our commitment to orchids' education has to continue throughout their academic lives. from the time our kids start grade school, we need to equip them with the skills they need in a high-tech economy. we are working to recruit and train 100,000 new teachers in the fields of the future, science, technology, engineering
, not kraft but heinz back in 2006. this is what he had to say about the deal making environment. >> i think there are many more deals coming. i'll say it again. that's why we made our investment last year. we think m and a is back, revenue market is hard to come by. i think most of corporate america feel they have skinnied down their operations to a point where they can't get much more out of it. so synergies are the next wave of eps growth. >> on this valentine's day he seems to be correct worth noting $182 billion of transactions so far this year. that compares to last year only $58 billion. also by the way, a big payday for the bankers on wall street. there could be fees of $100 million involved in this transaction. the big winners, centerview, moells, berkshire, lazard, jpmorgan, wells fargo. that's it on this valentine's day. not just this deal, so many others, the airlines, comcast, our parent with nbc. so it's -- we might have more. we'll see what happens next monday. >> your great discussion with buffett this morning, andrew. he did lay out the notion there is more money to play wit
Search Results 0 to 23 of about 24 (some duplicates have been removed)